Billy McFarland Just Sold The Fyre Festival Brand On eBay

A couple of months in the past, Billy McFarland declared his intention to promote the troubled Fyre Festival model. After apparently being unable to discover a purchaser, he determined to throw Fyre up on eBay. It attracted some bids, however because the public sale ended yesterday (July 15) with a sale value of $245,300, McFarland was bummed.

As Billboard notes, McFarlane was livestreaming the public sale’s closing moments, and because the remaining bids got here in, he mentioned, “Rattling. This sucks, it’s so low.”

The tone of a press release he shared on social media after the public sale was extra optimistic, studying:

“I want to congratulate the successful bidder within the FYRE Festival IP public sale on eBay. I stay up for working with them to start the method to finalize the sale. FYRE Festival is only one chapter of my story, and l’m excited to maneuver onto my subsequent one.

The public sale turned the most-watched non-charity itemizing on eBay throughout its run, proving as soon as once more that focus is forex, and views are the basis of consideration. That perception is on the core of what l’m constructing subsequent: a tech platform designed to seize and energy the worth behind each view on-line. It’s coming quickly.

Thanks,
Billy”

It’s not publicly identified who bought Fyre, however on his livestream, McFarland famous it was a well-known model and mentioned “it’s humorous.”